Medivolve Achieves Significant Milestone by Establishing Management Services Organization - Seite 2

For investing inquiries, please contact: David Preiner, CEO, [e-mail], 702-990-3737.

Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future plans, particularly the establishment of the MSO and the provision of services by it through the anticipated telehealth platform in collaboration with the Company’s subsidiaries and the Physician’s Network. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, and competitive risks; risks resulting from the emergence of disruptive technologies that may impact the demand for the Company’s products and services; the Company’s inability to develop and launch the telehealth platform; risks of not achieving expected expansion and/or market penetration; risks relating to partnerships with third parties; the risk that government regulations and licensing requirements may change; the risk of defects in or loss of intellectual property rights; the risk of the Company’s inability to acquire or license the intellectual property rights required to develop and launch the telehealth platform; the risk of the loss of key personnel and the Company’s inability to attract and retain qualified personnel; technology and cybersecurity failure risks; and other risks of the healthcare and technology industries. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.